- Sep 16-17, 2025|San Diego, CA
Strong fee income growth and solid credit quality helped offset weak demand for credit as the San Francisco-based bank reported a 20% boost to earnings per share from a year ago.
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The wholesaler, which provides 2% down payment assistance as part of the program, previously offered it until May 2024, when it was replaced by a 0% down loan.
June 12
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Chimera Investment Corp. said that after the deal closes, HomeXpress will operate as a subsidiary of the REIT.
June 12
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The 30-year fixed rate mortgage moved one basis point lower this week, remaining in the same range since it spiked in mid-April, Freddie Mac said.
June 12
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The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.
June 12
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A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.
June 12
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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Analysts are predicting stronger results this year after a disappointing outcome in 2024.
June 23
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In some ways, the uncertainty in mortgage and capital markets has been unprecedented this year, but other aspects are old hat for industry veterans.
June 23
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Mortgage rates are expected to remain elevated but stable for longer, with some industry participants thinking it is good for the housing market.
June 20
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Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.
June 20
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Legislation passed in Connecticut protects homeowners from foreclosures tied to old liens that received renewed collections interest as housing values surged.
June 20
